Fidelity New York Municipal MM Fund Inst (FNKXX)
1.00
0.00 (0.00%)
USD |
Feb 27 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.20% | 4.997B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 612.73M | 2.52% |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income, exempt from federal income and New York State and City income taxes, as is consistent with preservation of capital. The Fund invests in municipal money market securities, including shares of a fund managed by an affiliate of Fidelity Management & Research. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | New York Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | New York Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
65
-228.37M
Peer Group Low
136.93M
Peer Group High
1 Year
% Rank:
10
612.73M
-125.25M
Peer Group Low
612.73M
Peer Group High
3 Months
% Rank:
10
-76.63M
Peer Group Low
260.80M
Peer Group High
3 Years
% Rank:
10
-839.41M
Peer Group Low
1.964B
Peer Group High
6 Months
% Rank:
10
-194.75M
Peer Group Low
512.39M
Peer Group High
5 Years
% Rank:
10
59.36M
Peer Group Low
2.138B
Peer Group High
YTD
% Rank:
80
-228.37M
Peer Group Low
131.21M
Peer Group High
10 Years
% Rank:
10
59.36M
Peer Group Low
3.022B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 02, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 8.69% |
| Stock | 0.00% |
| Bond | 91.31% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Municipal Cash Central Fund
|
8.30% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 1.900 05/15/2041 | 4.18% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 2.100 05/15/2041 | 2.85% | -- | -- |
| 11/15/2050 | 2.24% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 2.190 05/15/2030 | 2.05% | -- | -- |
| RBC MUN PRODS INC TR VARIOUS STS 11/15/2022 (Matured) | 1.61% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 2.100 11/01/2038 | 1.39% | -- | -- |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY REV NY 2.100 12/01/2036 | 1.36% | -- | -- |
|
Triborough Bridge and Tunnel Authority 1.31% 01-JAN-2032
|
1.33% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 2.190 05/01/2029 | 1.27% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.15% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income, exempt from federal income and New York State and City income taxes, as is consistent with preservation of capital. The Fund invests in municipal money market securities, including shares of a fund managed by an affiliate of Fidelity Management & Research. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | New York Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | New York Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-27-26) | 2.52% |
| 30-Day SEC Yield (11-30-24) | 2.90% |
| 7-Day SEC Yield (12-31-25) | 2.90% |
| Number of Holdings | 461 |
| Bond | |
| Yield to Maturity (1-31-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 458 |
As of January 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |